https://www.taxtmi.com/caselaws?id=384044 The Tribunal upheld the validity of the order for withdrawal of registration under Section 12AA(3) despite the extended duration, attributing the delay to the assessee's actions. It dismissed the argument that cancellation could only be prospective and upheld the retrospective cancellation from the assessment year 2009-10 under Section 12AA(4). The Tribunal remanded the determination of whether the trust's activities were genuinely charitable to the CIT (Exemption) and directed a reassessment of payments to related parties for compliance with Sections 11 and 12. The fate of the appeals for the assessment years 2010-11 and 2011-12 depended on the reassessment of the trust's registration status. en-us Tue, 30 Jul 2019 00:00:00 +0530 Sat, 03 Aug 2019 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384044 The Tribunal upheld the validity of the order for withdrawal of registration under Section 12AA(3) despite the extended duration, attributing the delay to the assessee's actions. It dismissed the argument that cancellation could only be prospective and upheld the retrospective cancellation from the assessment year 2009-10 under Section 12AA(4). The Tribunal remanded the determination of whether the trust's activities were genuinely charitable to the CIT (Exemption) and directed a reassessment of payments to related parties for compliance with Sections 11 and 12. The fate of the appeals for the assessment years 2010-11 and 2011-12 depended on the reassessment of the trust's registration status. Case-Laws Income Tax Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384044